One of the first concerns many families have after a loved one passes away is: “What happens to the mortgage when the owner dies?” Some worry the bank will immediately foreclose. Others believe the entire loan must be paid off immediately. Fortunately, the reality is often less alarming. What happens Read more
One of the most common questions families ask after the death of a parent is: “What happens to the house now?” The answer depends on how the property was owned and what estate planning, if any, was completed before death. Some homes transfer relatively smoothly. Others require probate proceedings, deed Read more
Dealing with the passing of a loved one is already stressful enough, but often when a property owner passes away, of the first questions families ask is: What happens to the house now? In Washington, DC and Maryland, the answer depends entirely on how the property was titled before death. Read more